美国CPI大考将至，金价窄幅震荡

Group 1 - The core viewpoint of the articles highlights the impact of potential trade tariffs and inflation expectations on gold prices, with a focus on upcoming U.S. CPI data and its implications for market sentiment [1][2]. Group 2 - The European Commission is prepared to impose additional tariffs on U.S. imports worth €72 billion (approximately $84 billion) if trade negotiations fail, contributing to rising market risk aversion [1]. - The U.S. is expected to release June CPI data, with overall CPI projected to rise from 2.4% to 2.7% and core CPI from 2.8% to 3%, influencing inflation expectations and market reactions [2]. - If the CPI data exceeds expectations, it may lead to a rebound in the U.S. dollar index, putting further pressure on gold prices; conversely, lower-than-expected data could weaken the dollar and support a slight rebound in gold [2].